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1 day ago

Mamdani's 'ration shop' grocery plan faces blistering economic critique as opponents blast socialist policy

New York City Mayor Zohran Mamdani is facing fresh criticism after unveiling plans for city-backed grocery stores that would sell food at prices 30% below traditional retailers, with opponents deriding the proposal as government-run "ration shops" and questioning how the discounts could be sustained."This is completely insane. Also not possible unless taxpayers are subsidizing all the groceries. Grocery store profits are tiny, a few percentage points a year, at best," wrote Outkick Founder Clay Travis.The proposal has sparked skepticism from economists and commentators over how the city could...